What is ROE for Sterling Bancorp in the third quarter 2021?
Sterling Bancorp achieved a return on average equity (ROE) of
7.89 % in its third quarter 2021, this is above STL's average return on equity of 6.43%.
Sterling Bancorps equity during the 12 months ending in the third quarter 2021 are valued at $4 billion
While the company's net income was fading, Sterling Bancorp was able to improve its ROE compared to the second quarter 2021.
Within the
Commercial Banks industry 82 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1927, from total ROE ranking in the second quarter 2021 at
1931.
What is ROE?